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29 September 2016 | 8 replies
It just got some new electrical.
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6 April 2017 | 5 replies
Does anyone have experience with a modern, efficient electric heat pump in the greater Houston, TX area.
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7 October 2016 | 17 replies
) - Gross Monthly Operating Income 427.50 - Monthly Operating Expenses Property Management Fees 10.00 Repairs and Maintenance 45.00 Real Estate Taxes 30.83 Rental Property Insurance 25.00 Homeowners/Property Association Fees Replacement Reserve 79.19 Utilities - Water and Sewer - Gas and Electricity - Garbage - Cable, Phone, Internet Pest Control Accounting and Legal Monthly Operating Expenses 190.02 - Net Operating Income (NOI) Total Annual Operating Income 5,130.00 - Total Annual Operating Expense 2,280.24 - Annual Net Operating Income 2,849.76 - Capitalization Rate and Valuation Desired Capitalization Rate 8.00% Property Valuation (Offer Price) 35,622.00 - Actual Purchase Price 15,000.00 Actual Capitalization Rate 19.00% - Loan Information Down Payment - Loan Amount 15,000.00 - Acquisition Costs and Loan Fees 2,000.00 Length of Mortgage (years) 20 20 Annual Interest Rate 4.250% Initial Investment 2,000.00 - Monthly Mortgage Payment (PI) 92.89 - Annual Interest 628.10 - Annual Principal 486.53 - Total Annual Debt Service 1,114.62 - Cash Flow and ROI Total Monthly Cash Flow (before taxes) 144.59 - Total Annual Cash Flow (before taxes) 1,735.14 - Cash on Cash Return (ROI) 86.76%
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22 March 2016 | 8 replies
In retrospect, I have no great excuse for putting off the electrical work.
30 March 2016 | 6 replies
But, when I found out how much it costs to have electricity, and other utilities brought in to the land, I ventured into looking for cheap homes around that cost, and found one.
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4 April 2016 | 8 replies
If you're doing something major like moving walls, adding a deck, or doing extensive electrical, I'd get a permit and ask for help from a licensed, experienced contractor. 2) Look in the Education section for business plans. 3) I'm not sure about the transfer piece but I bet you can find your answer in the forums.
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6 April 2016 | 6 replies
I have zero experience with it, but thought that in some cases, not just the drywall had to be replaced, but also sometimes wood studs, and even electrical.
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17 April 2016 | 10 replies
I don't trust home inspectors.I have had an inspector miss serous electrical problems.
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8 January 2016 | 3 replies
She would then agree to pay for that tenant's water bill since the tenant was on the hook for the gas and electric used by the laundry room.
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24 March 2017 | 143 replies
Issues:- Foundation issues as I mentioned before- Downspouts are lacking extensions- The water heater is older (around 17 years) and may be past its prime- The electrical panel cover is missing some screws- There are a couple outlets not secured to the walls correctly- There are missing GFCI outlets in the kitchen and bath- There is no insulation on the water pipes- There are not smoke detectors and CO2 detectors in all areas that they should be (it's recommended to have one in each bedroom and one on each floor which includes the basement)- The attic space could use some additional insulation- There are a few corner pieces of siding missing on the exterior- The grading around the home could use some adjustment- The gate part of the fence needs to be re-adjusted for alignment- The wood on the garage needs to be re-paintedIt looks like a lot, but most everything is small (other than the foundation and grading).